A New Front in the North-South Korean Secret War: Upbit, North Korean Hackers’ “Nuclear ATM”? | Bee Network
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TL;DR Brief de-pegging, rapid recovery: On October 11, 2025, USDe briefly dropped to $0.65 on the Binance spot market, but this only lasted a few minutes. The de-pegging lasted approximately 90 minutes (between $0.75 and $0.98), with a trading volume exceeding 780 million tokens. The price fully stabilized to around $0.99 by 06:45 Beijing Time. Localized liquidity misalignment: Fluctuations were primarily concentrated on Binance. Price deviations on other major exchanges and decentralized exchanges (DEXs) like Bybit, Curve, and Uniswap were all within 0.3%, indicating a single point of liquidity imbalance rather than a systemic issue. Not the trigger for the market crash: BTC, ETH, and SOL led the decline at 04:45 Beijing time, triggering a chain reaction of liquidations. USDe’s price deviation is more like a secondary liquidity release rather…# 분석# 비트코인# 암호# 데피# 이더리움# 교환# 마켓# 토큰上一篇
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- Original author: Deep Tide TechFlow The market rebounded, but the exchange was hacked again. On November 27, Upbit, South Korea’s largest cryptocurrency exchange, confirmed a security breach that...